Treasury Secretary Janet Yellen has warned Congress that the US will reach its debt limit on January 19th, and urged them to raise the limit to avoid a potential default. This sets up a major battle on Capitol Hill, as the government must take “extraordinary measures” to avoid a default. Yellen has warned of serious economic consequences if the debt limit is not raised in time.
Posts tagged as “Capitol Hill”
The Federal Aviation Administration (FAA) is still trying to determine the cause of a system outage that led to a nationwide ground stop on Wednesday.…